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Swiss defend global rail record

This content was published on Oct 21, 2013 Switzerland was followed by Japan, whose residents clocked up an average of 1,912 rail kilometres per person last year. Denmark came third, with 1,365 kilometres per person in 2012. At the other end of the spectrum fell Latvia, with 40 kilometres. In terms of journeys, the Swiss came second to Japan. The average Japanese resident…

Italian police arrest ‘fugitive’ Swiss banker

This content was published on Oct 21, 2013 Weil parted company with Switzerland’s largest bank in 2009 after being declared a fugitive by the US courts for failing to respond to a criminal indictment issued in 2008. UBS paid a $780 million fine in 2009 after admitting to aiding and abetting US tax evaders. Several Swiss bankers and lawyers have since been indicted…

Are the Swiss having second thoughts about capitalism?

This content was published on Oct 21, 2013 The shock-waves after the carrying of the popular initiative “against rip-off salaries” in March 2013 have not yet abated, but on November 24 there is to be a nationwide vote on another proposal to put the brakes on the pay of top managers. This is the initiative “1:12 – for fair pay”, which proposes that…

Next generation of robots will have a gentle touch

This content was published on Oct 18, 2013 Robots are becoming more and more a feature of everyday life. They are no longer to be found just in factories, tirelessly assembling auto parts, but also in the home, vacuuming the living room or mowing the lawn, and even in the children’s rooms, where a robot in the shape of a dinosaur or a…

Unique skull find could rewrite the history books

This content was published on Oct 17, 2013 The scientists are aware they could be re-writing the history books, killing off whole species from humanity’s family tree. “We felt especially like the kid in the tale about the emperor’s new clothes,” Christoph Zollikofer of Zurich’s Anthropological Institute and Museum told swissinfo.ch. A skull dug up in Dmanisi in the southern part of Georgia…

Survey highlights toll on bankers’ health

This content was published on Oct 16, 2013 The “Banking: The Human Crisis” international survey published on Wednesday by UNI Global Union revealed that over 80% cent of banking and insurance unions in 26 countries cited worsening health as a major issue for their members in the past two years. More than half of the unions in 16 countries from Europe, four from…

Tiny particles, huge threat

This content was published on Oct 16, 2013

Watchdog urges action over high roaming costs

This content was published on Oct 16, 2013 “The situation is blocked,” price watchdog Stefan Meierhans told public radio on Wednesday. “For years we’ve suggested a telecommunications agreement with the European Union over roaming charges so we are tied to the EU and benefit from their regulations. But it never got started.” Meierhans felt the EU did not want to conclude such an…

Switzerland signs OECD tax convention

This content was published on Oct 15, 2013 Stefan Flückiger, Swiss ambassador to the OECD, signed the treaty on mutual administrative assistance in tax matters at the organisation’s headquarters in Paris. Flückiger said that Switzerland has been committed to complying with international standards in tax matters since March 2009. “The signing of the Convention confirms Switzerland’s commitment to the global fight against tax fraud…

Swiss businesses tread carefully in Myanmar

This content was published on Oct 15, 2013 “It’s now or never: if we wait, we’ll arrive too late.” Barbara Möckli-Schneider, a Myanmar specialist at the Swiss-Asian Chamber of Commerce, has no doubts about the potential of the country. “It is one of the richest countries in terms of resources. The interest is enormous and the present government is doing all it can…

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